The construction industry is undergoing a digital revolution due to the emergence of new technologies. A significant trend is that construction projects have been transformed and upgraded to the digital and smart mode in the whole life cycle. As a critical technology for the construction industry’s innovative development, building information modeling (BIM) is widely adopted in building design, construction, and operation. BIM has gained much interest in the research field of smart buildings in recent years. However, the dimensions of BIM and smart building applications have not been explored thoroughly so far. With an in-depth review of related journal articles published from 1996 to July 2020 on the BIM applications for smart buildings, this paper provides a comprehensive understanding and critical thinking about the nexus of BIM and smart buildings. This paper proposes a framework with three dimensions for the nexus of BIM application in smart buildings, including BIM attributes, project phases, and smart attributes. According to the three dimensions, this paper elaborates on (1) the advantages of BIM for achieving various smartness; (2) applications of BIM in multiple phases of smart buildings; and (3) smart building functions that be achieved with BIM. Based on the analysis of the literature in three dimensions, this paper presents the cross-analysis of the nexus of BIM and smart buildings. Lastly, this paper proposes the critical insights and implications about the research gaps and research trends: (1) enhancing the interoperability of BIM software; (2) further exploring the role of BIM in the operation and refurbishment phase of smart buildings; (3) paying attention to BIM technology in the field of transportation infrastructure; (4) clarifying the economic benefits of BIM projects; and (5) integrating BIM and other technologies.